Yahoo Finance Forex Trading Signals – October 19, 2017
Find out how the interbank compares with the technicals at 8 AM GMT. These are the Main Daily Trading Signals.
Euro/Dollar’s hourly chart is divided between red and neutral models. The mid-term sees 5 bullish signals, and the long-term is mostly neutral. Bullish at more than 15% long, the interbank confirms the 4-hour models.
The Cable sees 4 neutral signals in the short-term. The mid-term sees a mix of red and neutral studies, and the daily outlook is back to neutral but, in contrast, the interbank is bearish at more than 21% short.
Dollar/Yen’s 1-hour scale is split between red and neutral models. The 4-hour scale sees 6 neutral signals, and the 24-hour chart is divided between green and neutral studies. Neutral at less than 9% long, the interbank matches the mid-term technicals.
Pound/Yen has neutral models prevailing in all three time ranges, with 4 in the short-term and 5 in both the mid and long-term, and they indeed are supported by the less than 2% long interbank.
And last up is the Euro/Yen with 6 and 4 neutral signals on its 1 and 24-hour charts, respectively. The 4-hour scale is divided between green and neutral models, but the interbank is neutral at less than 7% long, and it matches the short and long-term studies.
This article was originally posted on FX Empire
